Four Upcoming IPOs in September 2025: Seshaasai Technologies, Anand Rathi, Solarworld Energy & Jaro Institute
Four new mainboard IPOs are scheduled to strike Dalal Street in between the dates of September 23-25, 2025 in the Indian stock market making it a busy and exciting week. Investors have plenty of options with the products of many industries such as technology, broking, renewable energy, and education. The further IPOs are Seshaasai Technologies IPO, Anand Rathi Share and Stock Brokers IPO, Solarworld Energy Solutions IPO and Jaro Institute IPO.
In this article, we include full IPO information such as IPO date, price range, lot size, issue size, company profile, allotment date and listing schedule. In case you are seeking the application procedure to IPO, IPO allotment condition, IPO GMP, or IPO subscription updates, this blog has everything.
Seshaasai Technologies IPO
The Seshaasai Technologies IPO will open for subscription on September 23, 2025 and close on September 25, 2025. The company has fixed the IPO price band at ₹402–₹423 per share, with a lot size of 35 shares. The total IPO size is ₹812.86 crore, comprising a fresh issue worth ₹480 crore and an offer for sale (OFS) of ₹333 crore.
At the upper end of the price band, the post-issue market capitalization of the company is estimated at around ₹6,528–₹6,844 crore. Retail investors can start investing with a minimum application amount of ₹14,805.
About the Company
Seshaasai Technologies is a technology-driven solutions provider that empowers businesses through IoT, robotic automation, big data, and RFID technology. The company manages information throughout its lifecycle — from creation to dissemination — to improve business efficiency. Its solutions are widely used in payments, digital communication, and enterprise services.
Important IPO Dates for Seshaasai Technologies
- IPO Open Date: September 23, 2025
- IPO Close Date: September 25, 2025
- Anchor Investor Bidding Date: September 22, 2025
- Allotment Date: September 26, 2025
- Tentative Listing Date: September 30, 2025
Reservation
- Qualified Institutional Buyers (QIB): 50%
- Non-Institutional Investors (NII): 15%
- Retail Investors: 35%
- Employee Discount: ₹40 per share
The IPO will be managed by IIFL Capital Services, ICICI Securities, and SBI Capital Markets, while MUFG Intime India Pvt. Ltd. will serve as the registrar.
Anand Rathi Share & Stock Brokers IPO
The Anand Rathi Share & Stock Brokers IPO is another highlight of this period. Scheduled for September 23–25, 2025, the IPO comes with a price band of ₹393–₹414 per share and a lot size of 36 shares. The total issue size is ₹744.36 crore, entirely a fresh issue of 1.80 crore shares.
Retail investors can participate with a minimum investment of ₹14,904, while high-net-worth investors (HNIs) can apply with larger lot multiples.
About the Company
Founded in 1991, Anand Rathi Share & Stock Brokers is a full-service broking company and part of the well-known Anand Rathi Group. It offers services in equity, derivatives, commodities, and currency markets. The company also distributes mutual funds, bonds, and portfolio management services.
With over 90 branches, 1,125 authorized agents across 290 cities, and a strong digital presence, the firm caters to retail, HNI, and institutional clients. Its competitive strengths include a high average revenue per client (ARPC), a robust margin trading facility, and a proven track record in financial product distribution.
Key IPO Dates for Anand Rathi Share IPO
- IPO Open Date: September 23, 2025
- IPO Close Date: September 25, 2025
- Allotment Date: September 26, 2025
- Listing Date: September 30, 2025
The IPO is managed by Nuvama Wealth Management Ltd., with MUFG Intime India Pvt. Ltd. as registrar.
Solarworld Energy Solutions IPO
The Solarworld Energy Solutions IPO will also open on September 23, 2025 and close on September 25, 2025. The IPO price band is ₹333–₹351 per share, and the lot size is 42 shares. The company plans to raise ₹490 crore, including a fresh issue of ₹440 crore and an OFS of ₹50 crore.
Retail investors can subscribe with a minimum bid of ₹14,742.
About the Company
Solarworld Energy Solutions, established in 2013, is a solar EPC company focusing on engineering, procurement, and construction of solar projects. Its clientele includes reputed names such as SJVN Green Energy, Haldiram Snacks, and Ethnic Food Manufacturing.
The company is expanding into manufacturing with a 1.2 GW solar PV TopCon Cell facility in Madhya Pradesh, funded partly from IPO proceeds.
Reservation Split
- QIB: 75%
- NII: 15%
- Retail: 10%
Important IPO Dates for Solarworld Energy Solutions
- IPO Open Date: September 23, 2025
- IPO Close Date: September 25, 2025
- Anchor Investor Date: September 22, 2025
- Allotment Date: September 26, 2025
- Listing Date: September 30, 2025
Lead managers are Nuvama Wealth Management and SBI Capital Markets, while MUFG Intime India Pvt. Ltd. is registrar.
Jaro Institute of Technology Management & Research IPO
The fourth IPO in this window is the Jaro Institute of Technology Management & Research IPO, opening on September 23, 2025 and closing on September 25, 2025. The price band is set at ₹846–₹890 per share, with a lot size of 16 shares. The IPO size is ₹450 crore, consisting of a fresh issue of ₹170 crore and an OFS of ₹280 crore.
Retail investors can apply with a investment of ₹14,240.
About the Company
Jaro Institute is a leading online higher education and upskilling platform. It partners with universities and institutes to provide MBA, DBA, PGDM, MCA, BCA, M.Com, and B.Com programs, along with certification courses in fintech, data science, business analytics, and digital marketing.
The company plans to use IPO proceeds for repaying borrowings, brand marketing, and corporate purposes.
Key IPO Dates for Jaro Institute
- IPO Open Date: September 23, 2025
- IPO Close Date: September 25, 2025
- Allotment Date: September 26, 2025
- Listing Date: September 30, 2025
Lead managers include Nuvama Wealth Management, Systematix Corporate Services, and Motilal Oswal Investment Advisors, with Bigshare Services Pvt. Ltd. as registrar.
Comparison Table of IPOs (23–25 Sep 2025)
How to Apply for These IPOs?
Investors can apply for all these IPOs through:
- IPO Ji App (via UPI for quick application)
- Net Banking ASBA (SBI, ICICI, HDFC, Axis Bank, etc.)
- Brokerage Platforms (Zerodha, Groww, Upstox, Angel One, etc.)
Retail investors must ensure sufficient funds in their linked bank account and verify their UPI mandate for successful application.
The IPO window from 23–25 September 2025 is expected to attract strong investor attention with four diverse companies entering the primary market.
- Seshaasai Technologies IPO brings an innovative tech solutions play.
- Anand Rathi Share & Stock Brokers IPO offers exposure to a strong financial services brand.
- Solarworld Energy Solutions IPO provides a renewable energy opportunity.
- Jaro Institute IPO taps into the fast-growing edtech and higher education sector.
Investors can track IPO subscription status, GMP (Grey Market Premium), allotment status, and listing gains through IPO Ji for timely updates and insights.
